Drax Group plc (DRXGY)

USD 16.5

(0.0%)

Market Cap (In USD)

3.18 Billion

Revenue (In USD)

8.12 Billion

Net Income (In USD)

562.2 Million

Avg. Volume

630.00

Currency
USD
Country
Utilities
Open
-
Prev. Close
-
Day Range
-
Year Range
13.11-18.0
PE
-
EPS
-
Beta Value
1.208
ISIN
US2615011002
CUSIP
-
CIK
-
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Utilities
Industry
Renewable Utilities
CEO
Mr. Dwight Daniel Willard Gardiner
Employee Count
-
Website
https://www.drax.com
Ipo Date
2011-08-12
Details
Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. The company operates through three segments: Generation, Customers, and Pellet Production. The Generation segment provides renewable, dispatchable power, and system support services to the electricity grid. The Customers segment offers non-generation system support and energy management services. The Pellet Production segment provides low carbon fuel. The company owns and operates Drax Power Station with an installed capacity of 2,000 megawatts (MW) located in Selby, North Yorkshire; Cruachan Power Station, a pumped hydro storage station, with an installed capacity of 440 MW located in Argyll and Bute, and Lanark and Galloway hydro-electric power stations with an installed capacity of 126 MW located in southwest Scotland. In addition, the company owns and operates Daldowie fuel plant that processes sludge, a plant that converts it into dry low-odour fuel pellets. Further, it manufactures and sells compressed wood pellets; and supplies renewable electricity. Drax Group plc was incorporated in 2005 and is based in Selby, the United Kingdom.